EU OKs German Online Search-Engine Grant from Forbes reports Theseus, a German search research project, has received a $165 million grant from the European Union.
Theseus aims to develop an advanced multimedia search engine. The EU will allow German subsidy of the project through 2011.
We covered news in the past about this search project as well as the related Quaero project, which is being backed by France.
Related Topics: Business Issues: Acquisitions & Investments | Search Engines: Outside USA | Search Engines: Video Search Engines
Barry,
On ResourceShelf,
We’ve also linked to a few original pages about Quearo from late 1995 and early 1996.
Also, look for a link to more background from the current Project Theseus home page (in English).
Ah
target market french and German farmers by any chance – I can smell the pork from here
Some clarifications:
1. the Grant for the research PROJECT (not a search engine) comes from Germany not from the EU, as it might be a violation of free trade etc. EU had to approve this first.
2. the Project ist NOT about developping a search engine but to do research on semantic web and other technologies; the money will be spent during 5 years (YES, not months like Google and others) and will trickle down to a bunch of universities and other institutions
Don’t mix it up with the French QUAERO project that is now mostly driven by Exalead, a French company indeed running a Search Engine.
There is NO EU Project, only some talks between France and Germany, a French Project Quaero, a German Project Theseus and the EU that has to accept such grants.
Not your fault – those projects are complex, even for a native speaker.
Yeah… sorry to say this, but it’s a waste of money and time. Anyhow, good luck to them, they’ll be needing it!
I just read wingthom’s clarifications. If it’s a research project fine, congratulations. But if their real hidden motivation is to implement the research work into a search engine, it’s a waste…